World

Positive Test Results from LM#20 Well, Shoats Creek Northcote has announced test results for the Lutcher Moore #20 well (LM #20) at Shoats Creek Field, Beauregard Parish, Louisiana in which it owns a 93% working interest, of 260 barrels of oil and 500 mcf of natural gas per day (or 340 barrels of oil equivalent […]

Second MOU for the supply of 50,000MT of fertiliser African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, entered into a Memorandum of Understanding with a Malawian fertiliser supply company with a view to supplying them with in excess of 50,000 metric tonnes of fertiliser. This represents the second fertiliser Trading Agreement […]

Result of GM North River Resources, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, held its General Meeting and has announced that the resolution seeking shareholder approval for disapplication of statutory pre-emption rights in respect of the Company’s Phase One Fundraising proposals was duly passed. On 11 August 2015, the […]

Sonora Lithium Project Signs Lithium Supply Contract Bacanora, the London and Canadian listed (AIM:BCN) and (TSX-V:BCN) lithium and borates company, and Rare Earth Minerals plc(AIM:REM), the owners of the Sonora Lithium Project1 in Northern Mexico , have finalised a conditional long-term lithium hydroxide supply agreement with Tesla Motors, Inc., the maker of electric vehicles and […]

Annual Results Sable Mining, the AIM-listed exploration and development company, has presented its results for the year ended 31 March 2015. Highlights: · Operations focussed on advancing iron ore and coal portfolios in Africa · Nimba iron ore project in south-east Guinea continues to reach key milestones and demonstrate value as a high-grade, high-margin, low-capital […]

While Brits are enjoying a bank holiday, Chinese reporters have been getting arrested for causing investor anxiety by reporting “great losses” as, well,  “great losses.” Yet, today, Monday, 31 August, the Shanghai Composite Index closed the month down 12.5%. It was the third month in a row that the index has fallen. In fact, August […]

Issues 2015 Q2 results STEALTHGAS INC. (NASDAQ:GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the second quarter ended June 30, 2015. Second quarter 2015 Results: – Revenues for the three months ended June 30, 2015 amounted to […]

Sale of non-core assets for US$1.98 million Sable Mining, the AIM listed exploration and development company, has today completed transaction agreements which will monetise its interests in the Rietkuil coal project in South Africa. Separately the Company announces a recent sale of non-core interests in Liberia. Highlights · Total cash of US$1.98 million generated through […]

Thank you, Monty Python, for the title – one that is sorely needed at the moment. People need to think about something other than the market correction set off by concerns out of and about China. We can’t afford to all be in a dither. It has been exciting for the global economy to seem […]

Production Update & Reserve Report Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has provided an update on current production and an independent Reserves Report as at 1 June 2015, on its leases in US onshore formations such as the Woodford and Mississippi Lime, Oklahoma, and the […]